Flow Company has provided the following information for the year ended December 31, 2022: . Cash paid for interest, $15,500 Cash paid for dividends, $7,900 Cash dividends received, $5,900 . Cash proceeds from bank loan, $20,000 Cash purchase of treasury stock, $6,500 Cash paid for equipment purchase, $22,500 . Cash received from issuance of common stock, $32,500 . Cash received from sale of land with a $27,500 book value, $21,400 . Acquisition of land costing $46,500 in exchange for preferred stock issuance. Payment of $195,000 note payable by exchanging used machinery with a $72,500 book value and $195,000 fair value How much was Flow's net cash flow from investing activities? Multiple Choice О A net inflow of $38,100 A net outflow of $1,100. о A net outflow of $47,600 A net inflow of $1,100.

Flow Company has provided the following information for the year ended December 31, 2022: . Cash paid for interest, $15,500 Cash paid for dividends, $7,900 Cash dividends received, $5,900 . Cash proceeds from bank loan, $20,000 Cash purchase of treasury stock, $6,500 Cash paid for equipment purchase, $22,500 . Cash received from issuance of common stock, $32,500 . Cash received from sale of land with a $27,500 book value, $21,400 . Acquisition of land costing $46,500 in exchange for preferred stock issuance. Payment of $195,000 note payable by exchanging used machinery with a $72,500 book value and $195,000 fair value How much was Flow's net cash flow from investing activities? Multiple Choice О A net inflow of $38,100 A net outflow of $1,100. о A net outflow of $47,600 A net inflow of $1,100.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter14: Statement Of Cash Flows

Section: Chapter Questions

Problem 38E: Tidwell Company experienced the following during 20X1: a. Sold preferred stock for 480,000. b....

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